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Statutory Instruments

2009 No. 2811

Income Tax

Corporation Tax

The Income Tax (Manufactured Overseas Dividends) (Amendment) Regulations 2009

Made

11 a.m. on 21st October 2009

Laid before the House of Commons

21st October 2009

Coming into force

at 1.15 p.m. on 21st October 2009

The Treasury make the following Regulations in exercise of the powers conferred by paragraphs 8(1) and (1A) of Schedule 23A to the Income and Corporation Taxes Act 1988( 1 ) and sections 582 and 585(1) and (2) of the Income Tax Act 2007( 2 ).

Citation, commencement and effect

1. These Regulations may be cited as the Income Tax (Manufactured Overseas Dividends) (Amendment) Regulations 2009, shall come into force at 1.15 p.m. on 21st October 2009, and shall have effect in relation to manufactured overseas dividends made or treated as made on or after 1.15 p.m. on that day.

Amendment of the Income Tax (Manufactured Overseas Dividends) Regulations 1993

2. —(1)The Income Tax (Manufactured Overseas Dividends) Regulations 1993( 3 ) are amended as follows.

(2) In regulation 7 (disapplication of paragraph 4(3) of Schedule 23A( 4 )) omit paragraphs (3A) to (3E).

Dave Watts

Tony Cunningham

Two of the Lords Commissioners of Her Majesty’s Treasury

21st October 2009

( 1 )

1988 c. 1 ; Schedule 23A was inserted by paragraph 1 of Schedule 13 to the Finance Act 1991 (c. 31) , paragraph 8(1) was amended by section 159(7) of the Finance Act 1996 (c. 8) and paragraph 13(1) of Schedule 10 to the Finance Act 1997 (c. 16) and paragraph 8(1A) was inserted by section 159(8) of the Finance Act 1996. Paragraphs 8(1) and (1A) were amended by paragraph 238(8) of Schedule 1 to, and Part 1 of Schedule 3 to the Income Tax Act 2007 (c. 3) . See paragraph 1(1) of Schedule 23A for the definitions of “dividend manufacturing regulations” and “prescribe”.

( 2 )

2007 c. 3 .

( 3 )

S.I. 1993/2004 was amended by 2007/2487 , there are other amending instruments but none are relevant.

( 4 )

Paragraph 4(3) of Schedule 23A to the Income and Corporation Taxes Act 1988 was rewritten in section 923 of the Income Tax Act 2007.

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Income Tax (Manufactured Overseas Dividends) (Amendment) Regulations 2009 (2009/2811)

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